AI is Gaining Meaningful Traction in 2018

According to the 2018 NewVantage Partners’ annual executive survey found that this is the year that artificial intelligence gains meaningful traction within Fortune 1000 corporations. The main finding of the survey is that an overwhelming 97.2% of executives report that their companies are investing in building or launching big data and AI initiatives. Among surveyed executives, a growing consensus is emerging that AI and big data initiatives are becoming closely intertwined, with 76.5% of executives indicating that the proliferation and greater availability of data is empowering AI and cognitive initiatives within their organizations.